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Attachments: Bull and Bear Entry
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Bull and Bear Entry

  • #121
  • Edited 11:25pm Jan 26, 2009 11:02pm | Edited 11:25pm
Ok

File open chart gj 5 minute and 30 minute

click on candle stick

DO NO USE BAR CHART OR LINE CHART

ZOOM IN

CLICK TWO TIMES ONLY ( CLICK ONE TIME AND CLICK AGAIN )

ATTACH HA WITH COLOUR RED AND BLUE
  • #122
  • Jan 26, 2009 11:20pm Jan 26, 2009 11:20pm
hi harigp
i am tring to understand the HA formation please correct me if i am wrong
1- HA red with white at the end of it means trend continuation
2- HA red with paper clip at the end means the trend will change
and inverse from long .
am i right ?
and i would like to know when in an up trend we have a pull back candle red HA to reenter long do we need the bull to be abpve 0.01 ??
thanks for your help
  • #123
  • Jan 26, 2009 11:35pm Jan 26, 2009 11:35pm
You are correct in all the questions you have asked

Yes enter on pull back shoud be backed by bull + for long and bear - for short

At the time of going long or short M 30 IS BULLISH/bearish with all the indicator up/down .

keep both the chart time frame 5 and 30 verically

If M 30 chart candles are moving in lines it is period of consolidation
The candles should move in orderly fashion up or down

Try to post chart of your entries
  • #124
  • Jan 27, 2009 12:42am Jan 27, 2009 12:42am
hi again
please look at the char bellow , the paper clip witch it should be as u said a sign of a trend reversal. in this up trend every candle is having a paper clip witch it should signal a reverse but the trend is going up . so i am wondering about how reliable is this formation .
thanks
Attached Image
  • #125
  • Jan 27, 2009 1:15am Jan 27, 2009 1:15am
when I talked about paper clip I always refered to red candle with paper clip
and I have not said anything about paper clip on white candle.
check my post

In an up move the trend reversal happens if you notice as follows



BLUE COLOUR CANDLE HAVING WHITE ON THE TOP AND NORMALLY IN M 30
CHART THE CANDLE USED TO BE SMALL

Look Carfully The Chart I Posted The Red Candle After The Vetical Line And See The Bottom Of That Candle Does Not Have White On The Bottom But Paperclip ( The Word I Created)
  • #126
  • Jan 27, 2009 2:42am Jan 27, 2009 2:42am
Quoting paradoxical
Kapten, we all started out as noobies at some point. In order to get your candles to look like his, you have to play with the zoom in and zoom out. If you make your candles small enough, they'll look just like his. Then, just scroll back on the screen and observe the candle patters, and see what they look like. You'll see that most of the time, the pair will go op when there's no "paper-clip" looking thing on the bottom of the red candle, and the opposite for the blue candles. I'm nho expert on HA candles, but I believe this configuration is due...
Hi Harigp and Paradoxial..
Thanks for the answer...i really appreciate that...So I have to change HA color to blue and red..and Candle Color with white and None
I think, i have a visual about paperclip I will try to backtest...
So...this "paperclip" is for confirmation when rules agree?
let's make pips
  • #127
  • Edited 4:55pm Jan 27, 2009 3:25am | Edited 4:55pm
Quoting harigp
can anyone help me creating a templete so can load the templete
Here's a copy of my template along with the combined Bull-Bear Power attachment and the HA too. Hope it helps. The Bulls Power and Bear Power Histo is added from the regular indicator list.

P.S. I had chart candle colors reversed. Change regular candles to: Bull = black: Bear =White. Then it should match up with harigp's charts. Bears Bull Power should be set at 14!
CORRECTED TEMPLATE HERE AND ON POST #145
Attached File(s)
File Type: ex4 Bear_Bulls_Power.ex4   2 KB | 784 downloads
File Type: ex4 Heiken Ashi.ex4   3 KB | 474 downloads
File Type: tpl bears and bulls.tpl   2 KB | 618 downloads
  • #128
  • Jan 27, 2009 4:22am Jan 27, 2009 4:22am
Coming back to the post of sameer asking why the paper clip on the blue candle and what it represents. After careful thought it is like this


completion of bear Run : noticed red candle with clip so we are expecting
the trend reversal for bull run and you will have blue candle with clip

completion of bull Run : you notice blue candle with white on top and reversal for bear run you will have red candle with white on the bottom
  • #129
  • Jan 27, 2009 4:28am Jan 27, 2009 4:28am
Quoting Flamenco143
Here's a copy of my template along with the combined Bull-Bear Power attachment and the HA too. Hope it helps. If it's not right please correct me as I just made the color changes. The Bulls Power and Bear Power Histo is added from the regular indicator list.

Thanks Flamenco.

regards
  • #130
  • Jan 27, 2009 4:29am Jan 27, 2009 4:29am
chart showing the white on top of blue and red with clip
Attached Image (click to enlarge)
Click to Enlarge Name: gj 5 minute.gif Size: 22 KB
  • #131
  • Jan 27, 2009 4:32am Jan 27, 2009 4:32am
Quoting harigp
Thanks paro for the answer

what I can do is to inform you about the level of zoom you should be doing
with the candle

And I am sure you will notice all tese patterns

will try to post charts marking the patterns.with one or two charts you will
notice those candles

can anyone help me creating a templete so can load the templete
Hi Hari,

If you right click on your chart, you can save template as...give it a name.

Then on ff, post it by going to Manage Attachments, just as you would an image. Pretty straightforward.

Thanks for your efforts.

Pardy
  • #132
  • Jan 27, 2009 4:40am Jan 27, 2009 4:40am
tHANKS PARDY

See that beautfull M 30 chart with white on top of blue and what happend to the price.
Attached Image (click to enlarge)
Click to Enlarge Name: gj 5 minute.gif Size: 24 KB
  • #133
  • Jan 27, 2009 5:03am Jan 27, 2009 5:03am
M 5 And M 30 Templete
Attached File(s)
File Type: tpl bull and bear 30 m.tpl   1 KB | 445 downloads
File Type: tpl bull and bear.tpl   1 KB | 442 downloads
  • #134
  • Jan 27, 2009 5:22am Jan 27, 2009 5:22am
for buy entry you wait that bull and bear power is above 0 right and blue Ha candle?

or you wait only for bull power to be above 0 line?

thanks for clarification

regards lodol
  • #135
  • Jan 27, 2009 5:37am Jan 27, 2009 5:37am
Hi Lodol

Yes that will be the starting point of your entry
and if the bear power continues you will also buy at the time of pull back
and the bear power is +

Most of the cases the bull no starts with blue candle or the candle could be
little red in colour

most of the cases you buy after a massive down trend or meduim down trend

Further read post 1, HA COLOUR AND PIN, M 30 CHART
  • #136
  • Jan 27, 2009 6:04am Jan 27, 2009 6:04am
Thank you for your templates i download it but dont show nothin on chart only green bar in chart whit no indicators
  • #137
  • Jan 27, 2009 6:09am Jan 27, 2009 6:09am
hi hagrip

thanks for answering

I asked because if you wait till both bear and bull power is above 0 line than the entry is more safe of course but you get often much later in the trade often 3 candles after sign of reversal from ha candle

thanks
  • #138
  • Jan 27, 2009 6:10am Jan 27, 2009 6:10am
Hi cris
Attached File(s)
File Type: tpl bb m 5.tpl   2 KB | 463 downloads
File Type: tpl bb m 30.tpl   2 KB | 431 downloads
  • #139
  • Jan 27, 2009 6:28am Jan 27, 2009 6:28am
Hi Lodol 2

Yes you can go for conservative approach of ++ or aggresive approach of
+ - and later the candles becomes ++
  • #140
  • Jan 27, 2009 6:51am Jan 27, 2009 6:51am
hi

right thanks that was what i wanted to know

thanks for sharing all this

regards lodol
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